We've had a 3/2 with a pool in CC for a little over a year now. 

No other debts expect for monthly CC bills.Take home is roughly 350K$ .

I'm thinking we should buy a small LTR conventionally first -down payment and cc with the cash we do have.

I would suggest seeing if he can borrow from a friend, family, or even use CC cash back for example AS LONG as he makes sure that he's secure in his deal and not going to lose the $!! 

I acquired a duplex in December in Massachusetts and owner occupying, regarding setting up a sole proprietorship to gain a business bank and credit account, is it worthwhile to do so or wait to set up an LLC. Current ...

My take on inspectors is, they are the same as contractors, doctors, attorney, or any other profession, some of them are great and reasonable, some of them just want to finish the day, some of them take their home problems at work and spit fire on you, but, in my experience, if you reason out enough to them -- even if you stick it to their behind by a megaphone, you will find them easier to work with, or, as always, there's always a letter to the building official cc copy city council for a change in inspector.

B-/C+, C, and C- areas are going to be cash flow positive.Overall regarding appreciation, some C class areas have appreciated at much higher % rates than A/B due to the pricing already being so low.

all you need to do is download your CC and bank transactions into a "check ledger" program like Quicken, categorize them however frequently you can remember to, and you're ready to output tax reports.

It gives the tenant options where ACH is free, Debit is $10, and they can use a cc for whatever their % is, all fees are paid by the tenant. 

I feel its just an extra hurdle at the time of bookkeeping to account for the CC.